Identifying the Root Causes of Talent Loss

Topics:
Human Capital,
Talent Management
Tags:
Human Resources,
Mercer Human Resource Consulting,
Payroll Solutions,
Talent,
Turnover,
Workforce Management
Source:
Mercer Human Resource Consulting

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Overview: A publicly owned, Fortune 500 telecommunications firm was losing needed talent. Although the company's HR (Human Resource) department was able to determine how much turnover was costing them - approximately $400 million per year - exit interviews and surveys did not yield the information that would help management correct the problem. Mercer's SRA (Strategic Retention Analysis) is a quantitative, comprehensive approach that enables an employer to identify root causes of turnover in terms of the strength of their impact. At the heart of the process is a statistical analysis of external, organizational, and individual factors contributing to talent loss.

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